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Sprint Buys Stake in Tidal

Discussion in 'Article Discussion' started by Melody Bot, Jan 23, 2017.

  1. Melody Bot Jan 23, 2017
    Melody Bot

    Your friendly little forum bot. Staff Member

    This article has been imported from chorus.fm for discussion. All of the forum rules still apply.

    Sprint has purchased a 33% stake in Tidal:


    Sprint has acquired a 33 percent stake in Jay Z’s streaming service Tidal, the two companies announced today (Jan. 23). A source familiar with the matter tells Billboard that the purchase was for $200 million and that Jay and each of the company’s two dozen artist-owners will remain part owners.
    ​

    It seems like a big reason Tidal was created was to eventually sell itself.

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  2. tyler2tall Jan 23, 2017
    tyler2tall

    Trusted Supporter

    Well they just lost someone like Apple buying them. Anyone else would probably want 100%
     
  3. Romsahelos Jan 24, 2017
    Romsahelos

    Newbie

    Such a bad idea for Sprint to purchase any part of it. I work for Sprint and can think of sooooooo many other uses for the time and money that will surely go into this.